Question by MrPibb: Stop Foreclosure?
Can I stop foreclosure on my house if it has already started?
Best answer:
Answer by oncameratalent
Yes you certainly can, but if you wait until the sale date is set, you might have to file chapter 13 bankruptcy to stop it. You will get a lot of answers here from sarcastic people saying “pay up your account”. But I realize that you wouldn’t be here asking this if you currently had the ability to get current on your mortgage payments. I feel bad for you and everyone else in your situation.
There are some things that you can do, and several options are available. You should check out this blog that was created by an expert in the field of foreclosure law to help consumers who are late on mortgage payments…….
http://how2avoidforeclosure.blogspot.com
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Tags: Stop, stop foreclosure, chapter 13 bankruptcy, mortgage payments <BR/>
Sure……pay what you owe and in the future do not buy a house you cannot afford!
pay up
also, check with the local government office in your area. Congress has approved money to assist people with foreclosure as well.
Here are some government resources: http://www.federalreserve.gov/pubs/foreclosure/default.htm
Yes, but it’s a secret….I’ll share with you! First, when you say “stop” do you understand you are halting the process only and not the lenders rights under sate code. Anything can be negotiate up till a notice of sale (i.e. California). Then all bets are more or less off. If you want to negotiate a settlement then talk to the lender before a sale date is set. Attorneys can also seek a temporary injunction for a valid claim against your lender.
NOW THE SECRET: But if you think you have a wrongful foreclosure action then DON’T stop the process – let it continue. After the home goes back to the lender it’s only then you have grounds for a wrongful claim. Stay in the home afterwards by responding to the unlawful detainer the lender will file to have you removed. Make your claim strong as to decepetive and predatory isntances a good auditor can determine for you. Some folks have gotten back their home at 50 cents on the current loan against their house under a negotiated settlement.
You should see a bankruptcy attorney as soon as you can. Most offer a free initial consultation. Contacting the bank to get them to work with you is probably a waste of time.
Good luck.
Sure, my father stopped a foreclosure well the realtors did, on the home he is planning to purchase its a short sale, but they were set to foreclose this Monday, and he saved them with his offer. But you can too there some papers to submit. Sorry I couldn’t help much. =)
Good Luck.
Hello
Please go to this website: http://www.almahelp.com/alma/request/
This is the only company I have found that is a reputable loss mitagition company that WONT charge anything upfront…. they will only charge you IF THEY CAN HELP,… unlike those other companies requesting anywhere from $1800-2500.00 UPFRONT, yet they cant gareentee they can really help….. ALMA cant either but at least they dont charge unless they do help.
Check out: http://stop-forclosures.blogspot.com/2008/03/how-to-stop-bank-foreclosure.html
They have good information on stopping a foreclosure once the process starts.